News
Toronto Retail

After Target: Walmart Unveils Expansion Plans

In your face, Target. Walmart Canada said this week it will be building two new supercentres this fiscal year, bringing the total number of Walmart locations across the country to 396. The mass merchant is also planning to remodel and expand existing stores to accommodate full grocery departments (something Target had offered), and add distribution centres. Locations for the new stores and distribution hubs have not been announced. Walmart will also be upgrading its e-commerce systems. Total cost of the expansion, which'll add nearly 230k SF of new space, will be $340M. Last month Walmart opened 11 new supercentres in Canada, including ones in Cornwall and Napanee.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Toronto Newsletters
Related Stories

Philly Retail Momentum Spills From Rittenhouse Into Northern Liberties

Forget Buildings, Retailers Are Leasing Environments

Immigration Crackdowns Dealt LA Businesses A Multimillion‑Dollar Blow

Mamdani Adds Millions To Program Helping Retailers Negotiate With Landlords

How JLL Uses Experiences To Give Retail Customers 'A Reason To Be There'

Culver Commons To Bring New Dining, Retail Options To Bustling Suburban Los Angeles Location

Sony Reopening Hollywood ArcLight, Cinerama Dome Theaters

Cracker Barrel Closes Sale-Leaseback On 26 Stores, Sells 35 Maple Street Biscuit Restaurants

Icahn To Retain Real Estate In $700M Sale Of Pep Boys

Houston's Competitive Retail Market Brings Quick Backfills, In Most Cases

Verizon To Sell 274 Retail Locations, Lay Off 500 Office Workers

Denver Wants To Make It Easier To Open A Restaurant